PV inverter manufacturer Advanced Energy Industries (AE) has decided after more than a six month review to finally exit the sector and focus on its semiconductor business.
The Solar Energy Corporation of India (SECI), the body charged with delivering the country’s flagship solar programme, is to be renamed and given a wider remit for developing renewable energy in India.
Project developer Solar Reserve has refused to be drawn on speculation about its future after it emerged at an industry event that it was looking for an investor.
PV project developer Solar Power Inc (SPI) has raised US$25 million from its latest private placing in a deal that could be worth up to double that amount.
The final steps in SunEdison’s spin-off of its semiconductor business – through which the company was originally founded before its ascent to being the biggest renewable energy developer in the world – look set to go ahead.
The Multilateral Investment Guarantee Agency (MIGA), an arm of the World Bank, will provide US$56.7 million investment for 80MW of solar power projects being developed by SunEdison in Honduras.
The yieldco of US utility NRG Energy has acquired a 25% stake in the Desert Sunlight project, thought to be the largest solar power plant in North America.
